$245m Ponzi scheme: Nigeria Police arrests, repatriates suspect to China
Nigeria Police Force Repatriates Chinese Fugitive
The Nigeria Police Force, in collaboration with the INTERPOL National Central Bureau in Abuja, has successfully arrested and repatriated Chinese fugitive Xu Qing to China.
Xu is facing charges related to a large-scale Ponzi scheme that allegedly involved the illegal absorption of public deposits exceeding $245 million. According to a statement from Deputy Commissioner of Police Anthony Okon Placid, the repatriation followed a formal request from Chinese authorities, who had issued a warrant for his arrest in Beijing.
Investigations revealed that Xu fled China for Nigeria on November 5, 2024, to evade capture. The warrant for his arrest was subsequently issued on November 12, 2025, by the Shinan Sub-Bureau of the Qingdao Public Security.
Acting on intelligence and maintaining sustained surveillance, INTERPOL NCB Abuja operatives located and arrested Xu at a factory in Olowotedo, Siun Village, within the Obafemi Owode Local Government Area of Ogun State on April 24, 2026. He was repatriated to China on April 28, 2026, through established bilateral police cooperation arrangements for prosecution.
Inspector-General of Police Olatunji Rilwan Disu emphasized the Nigeria Police Force’s commitment to enhancing international collaboration in combating transnational organized crime. He also urged Nigerian employers and businesses to conduct thorough background checks through police channels before engaging foreign nationals in any employment or business dealings.
The Nigeria Police Force reiterated its dedication to fighting transnational crime and ensuring that Nigeria does not become a refuge for fugitives.
